P/E ratio for NL Industries (NL)

P/E ratio history for NL Industries from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Allegion ALLE	23.6	-267.92%	🇮🇪 Ireland
RBC Bearings RBC	48.3	-442.86%	🇺🇸 USA
NN, Inc. NNBR	-3.22	-77.13%	🇺🇸 USA
CompX International CIX	22.7	-261.13%	🇺🇸 USA
Valhi VHI	-9.06	-35.63%	🇺🇸 USA
Timken Company TKR	29.3	-307.83%	🇺🇸 USA
Kronos Worldwide KRO	-8.52	-39.51%	🇺🇸 USA
Huntsman Corporation HUN	-9.17	-34.84%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.